Medical Cash Posting Specialist
6 days ago
The Medical Cash Posting Specialist II is a key role within the St. Luke's University Health Network, responsible for the accurate and timely preparation, posting, and reconciliation of patient and insurance payments. This position ensures the cash application posting level per Business Office policy.
Responsibilities:
- Identify and import electronic remittances from contracted third-party payer websites.
- Retrieve and upload payment files from multiple lock boxes.
- Analyze and process payments, adjustments, rejections, and deductibles not posted electronically.
- Prepare and post payments to accounts receivable, ensuring accurate non-patient cash payments.
- Apply payments, balance cash receipts, verify, and reconcile each payment batch for accuracy.
- Utilize electronic credit card approval systems to post and balance credit card transactions to accounts receivable.
- Post non-payment explanation of benefits (EOBs) and enter rejection codes to ensure account flow to Accounts Receivable Analysts.
- Research and resolve timely unapplied/unidentified payments received.
- Ensure accurate accounting using General Ledger code sets and facility account assignments.
Skill Requirements:
This role requires two plus years of medical cash posting or line item posting experience, proficiency in PC skills, strong organizational skills, and attention to detail. Knowledge of Microsoft Excel and Word is also essential. Excellent research and problem-solving skills are required for this position.
Compensation:
The estimated annual salary for this role is $60,000-$70,000, depending on qualifications and experience.
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